Wallace County Amusement Association

Nonprofit profile at a glance

EIN
510175983
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Sharon Springs, KS, USA
Phone
7858993022
Rating confidence
Limited
Sector
Fairs

Reported finances

Revenue
$41,486
Expenses
$44,067
Assets
$66,374

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • DARIUS BUSSEN (PRESIDENT)
  • ROBERT LOFTIN (VICE PRESIDENT)

People named in this filing

  • DARIUS BUSSEN (PRESIDENT)
  • ROBERT LOFTIN (VICE PRESIDENT)
  • NANCY SCHMIDT (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the association was to provide a safe, low cost and family oriented local entertainment. It had gotten so expense and unsafe to have traveling carnival to hire. We are using the profits of the carnival to help with community fund raising as well as scholarships to the local schools.

What it reported doing in 2024

NA

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 40
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -6.2%; rating input score 35; 35th percentile among comparable filings
  • Total-asset coverage ratio: 1.51; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 19.2% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: -6.1% per year; rating input score 0; 22nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 35/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.